BitTradeX
Stay updated with the latest news and analysis on the cryptocurrency market with our channel.📊
32 Following
238 Followers
174 Liked
17 Shared
📈How to Trade the Bullish Flag:
1️⃣ Identify the Uptrend (Flagpole): A strong bullish move forms the base of the pattern.
2️⃣ Spot the Bull Flag: A small downward-sloping consolidation forms after the uptrend.
3️⃣ Check the Retracement: If the pullback is deeper than 50%, it may not be a flag.
Ideal retracement is less than 38% of the trend.
4️⃣ Entry Points: Buy at the bottom of the flag OR on the breakout above the upper channel.
5️⃣ Set Your Target: Expect the next move to be as long as the flagpole for maximum profit.
💡 Pro Tip: Combine with volume and trend confirmation for better accuracy!
#bullish #StrategicTrading #TipsForBeginners #tips
1️⃣ Identify the Uptrend (Flagpole): A strong bullish move forms the base of the pattern.
2️⃣ Spot the Bull Flag: A small downward-sloping consolidation forms after the uptrend.
3️⃣ Check the Retracement: If the pullback is deeper than 50%, it may not be a flag.
Ideal retracement is less than 38% of the trend.
4️⃣ Entry Points: Buy at the bottom of the flag OR on the breakout above the upper channel.
5️⃣ Set Your Target: Expect the next move to be as long as the flagpole for maximum profit.
💡 Pro Tip: Combine with volume and trend confirmation for better accuracy!
#bullish #StrategicTrading #TipsForBeginners #tips
BTC/USDT.P
Amid a strong correction, Bitcoin did not break the uptrend, but only gathered liquidity in the lower part of the chart. This hints at a potential continuation of the upside. From the current values it is dangerous to open long positions, it is more logical to expect a local correction to the liquidity zone at $95,700 and wait for the price reaction from there.
The main resistance for the price now is the FVG 1h zone in the range of $97,200 - $97,600. It is necessary to break through this zone to continue global growth. ↗️
#BinanceAlphaAlert #BTC #BTC☀ #bitcoin $BTC
Amid a strong correction, Bitcoin did not break the uptrend, but only gathered liquidity in the lower part of the chart. This hints at a potential continuation of the upside. From the current values it is dangerous to open long positions, it is more logical to expect a local correction to the liquidity zone at $95,700 and wait for the price reaction from there.
The main resistance for the price now is the FVG 1h zone in the range of $97,200 - $97,600. It is necessary to break through this zone to continue global growth. ↗️
#BinanceAlphaAlert #BTC #BTC☀ #bitcoin $BTC
$BTC Forming Falling Wedge Pattern On 30 Min Timeframe, Which Is A Bullish Pattern.
Successful Breakout And Retest Of This Pattern Will Pump BTC Hard 🚀
#BinanceAlphaAlert #BTC #BTC☀ #Bitcoin❗
Successful Breakout And Retest Of This Pattern Will Pump BTC Hard 🚀
#BinanceAlphaAlert #BTC #BTC☀ #Bitcoin❗
Is this the start of a bearish period?👀
The indicator (Inter-Exchange Flow Pulse) has turned bearish, suggesting a decline in market risk appetite and potentially marking the start of a bearish phase.
However, it's more likely this lull is due to the recent drop and the market trying to confuse retail traders. ⚡️
#news #NewsAboutCrypto #TipsForBeginners
The indicator (Inter-Exchange Flow Pulse) has turned bearish, suggesting a decline in market risk appetite and potentially marking the start of a bearish phase.
However, it's more likely this lull is due to the recent drop and the market trying to confuse retail traders. ⚡️
#news #NewsAboutCrypto #TipsForBeginners
The price formed an ascending structure, after which the slowdown of momentum and liquidity accumulation from below started - correctional movement began. After the price dump, we came to the zone of interest (ROI) from the senior TF and it was the first opportunity to open the first trade in the direction of the global trend. Further, we can observe that there was a breakdown of the descending structure on the lower TF and based on this, we could consider another entry point (more conservative, through confirmation of the structure on the lower TF). After that, watch the price development.
#TipsForBeginners #TradingStrategies💼💰 #TradingCommunity
📊 BiTradeX
#TipsForBeginners #TradingStrategies💼💰 #TradingCommunity
📊 BiTradeX
📊 "Harami" - consists of two contrasting colour candles, with the body of the first candle overlapping the body of the second. It is also often said that this is a "pregnant" pattern. The first candle is the mother, the second candle is the foetus. The model is considered quite rare, so be sure to wait for its confirmation by subsequent candles.
The location of a small candle within the long body of a large candle can also affect the nature of the pattern.
The "harami" will be strong after an upward or downward trend, if the body of a small candle is located closer to the middle of the body of a long candle.
It is important for determining the nature of the pattern to consider the location of the small candle, together with the shadows, within the large body of the first candle. The smaller the body of the second candle and the shorter the shadows, the more significant the pattern becomes.
Usually, the harami pattern is conditionally reversal and indicates the end or slowdown of the trend, but if there is a strong confirmation, it can become a reversal signal.
#harami #TradingStrategies💼💰 #tradingtechnique #TipsForBeginners
The location of a small candle within the long body of a large candle can also affect the nature of the pattern.
The "harami" will be strong after an upward or downward trend, if the body of a small candle is located closer to the middle of the body of a long candle.
It is important for determining the nature of the pattern to consider the location of the small candle, together with the shadows, within the large body of the first candle. The smaller the body of the second candle and the shorter the shadows, the more significant the pattern becomes.
Usually, the harami pattern is conditionally reversal and indicates the end or slowdown of the trend, but if there is a strong confirmation, it can become a reversal signal.
#harami #TradingStrategies💼💰 #tradingtechnique #TipsForBeginners
BTC balance on exchanges continues to decline, dropping ever lower and breaking new lows.
bullish factor 👀
#BTC #BinanceAlphaAlert $BTC
bullish factor 👀
#BTC #BinanceAlphaAlert $BTC
#MINA
Mina Protocol is trading within a descending triangle on weekly timeframe
Price is may facing support at $0.36, which might trigger a bounce
After bounce price could surge towards $3.20
#MİNA #MINA/USDT #TradingSignals $MINA #bullish
Mina Protocol is trading within a descending triangle on weekly timeframe
Price is may facing support at $0.36, which might trigger a bounce
After bounce price could surge towards $3.20
#MİNA #MINA/USDT #TradingSignals $MINA #bullish
This is the week to add volatility to the market. 📈
This week we are expecting important US economic reports such as Fed Interest Rate Decision, Fed Press Conference, Core PCE Price Index MoM and Personal Income MoM.
In addition to this, we are expecting reports from major economic companies: Apple, Meta, Microsoft and the most important report from Tesla. As it is important for the market to understand whether Tesla continues to hold its BTC.
#Market_Update #volatility $BTC
This week we are expecting important US economic reports such as Fed Interest Rate Decision, Fed Press Conference, Core PCE Price Index MoM and Personal Income MoM.
In addition to this, we are expecting reports from major economic companies: Apple, Meta, Microsoft and the most important report from Tesla. As it is important for the market to understand whether Tesla continues to hold its BTC.
#Market_Update #volatility $BTC
#Bittensor is one of the leading projects in #AI & #DePIN sectors is currently accumulating above the key zone and below ath resistance
Overall #TAO is forming a Cup & Handle formation️
Good opportunity to load a bag of $TAO at the current levels! In worst case scenario I will average my position below the key zone
1 Target - 1158$
2 Target - 1770$
P.S Targets are conservative.
#bittensor #BinanceAlphaAlert #CryptoTrends2024 $TAO
Overall #TAO is forming a Cup & Handle formation️
Good opportunity to load a bag of $TAO at the current levels! In worst case scenario I will average my position below the key zone
1 Target - 1158$
2 Target - 1770$
P.S Targets are conservative.
#bittensor #BinanceAlphaAlert #CryptoTrends2024 $TAO
The "Tower" top is a reversal pattern in candlestick analysis, which portends the break of an uptrend or its correction. The name is mainly connected with the appearance of this figure. It looks like a small tower formed at the top of the chart. It is formed by long candles on the edges and small candles in the middle, at the top.
Conditions for the formation of this pattern:
1.An uptrend is observed on the chart.
2.One long green candlestick or several green candlesticks of medium or long length appear consecutively. They form the first (left) "wall".
3.Then about 3 short candles ("waves") of any colour are formed sequentially at the top.
4.After them a long black candle or a series of black candles of medium or long length is formed. As a result, a kind of "tower" should be formed, so that the decline reaches the level from which a strong rise started earlier.
#tradingtips #TradingCommunity #TradingStrategies💼💰 #TipsForBeginners
📊BitTradeX
Conditions for the formation of this pattern:
1.An uptrend is observed on the chart.
2.One long green candlestick or several green candlesticks of medium or long length appear consecutively. They form the first (left) "wall".
3.Then about 3 short candles ("waves") of any colour are formed sequentially at the top.
4.After them a long black candle or a series of black candles of medium or long length is formed. As a result, a kind of "tower" should be formed, so that the decline reaches the level from which a strong rise started earlier.
#tradingtips #TradingCommunity #TradingStrategies💼💰 #TipsForBeginners
📊BitTradeX
I think $BTC Going 110k 📊 #btc
Binance Square Official
--
Predict BTC Price & Win up to $300 USDC!
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
#XRP looks primed compared to #ETH
Can #Ripple flip #Ethereum in Market Cap I would say it has good chances as the whole industry has a green light now and SEC is no more in front of our way!
$XRP is just about to enter the price discovery territory btw
#Xrp🔥🔥 #XRPUSDT🚨 #CryptoTrends2024 $XRP $ETH
Can #Ripple flip #Ethereum in Market Cap I would say it has good chances as the whole industry has a green light now and SEC is no more in front of our way!
$XRP is just about to enter the price discovery territory btw
#Xrp🔥🔥 #XRPUSDT🚨 #CryptoTrends2024 $XRP $ETH
Market Maker Sell Model is a MM model for markdown of an asset. Let's repeat the basics: in order to accumulate a short position, the LC uses the pending/emerging buyside liquidity - the demand is absorbed at the expense of the LC's supply. Being in a conditional range where there is not enough liquidity, the LC needs to algorithmically + intentionally markup the asset to the buyside lq pool → accumulate a short position → by means of an algorithm, deliver it to one of the opposing sellside liquidity pools → realise the previously accumulated volume.
(LC - Large Capital)
#strategy #TradingStrategies💼💰 #TipsForBeginners $BTC
📊 BitTradeX
(LC - Large Capital)
#strategy #TradingStrategies💼💰 #TipsForBeginners $BTC
📊 BitTradeX
LINK/USDT.P
The price of LINK has updated the local minimum thus confirming the continuation of the downtrend, if there will not be a large volume of market purchases.
In case the decline continues, the nearest target will be the support zone at $18.50 from which we will see a reaction. The main target after the price reversal will be the zone of large volumes at $24.50. ↗️
🔲BitTradeX
#LINK #LINK🔥🔥🔥 #ShareYourTrade #BinanceAlphaAlert $LINK
The price of LINK has updated the local minimum thus confirming the continuation of the downtrend, if there will not be a large volume of market purchases.
In case the decline continues, the nearest target will be the support zone at $18.50 from which we will see a reaction. The main target after the price reversal will be the zone of large volumes at $24.50. ↗️
🔲BitTradeX
#LINK #LINK🔥🔥🔥 #ShareYourTrade #BinanceAlphaAlert $LINK
#ETHUSDT has been trading bearish overall inside the descending wedge, which is marked in red and green.
Currently, it is approaching the lower border of the wedge.
Additionally, $3000 is a strong and distant support. Therefore, the 3000 - 2900 range is a strong area to look for buy setups, as it is the intersection of support and lower trend lines that act as non-horizontal support.
As #ETH approaches the support range, I will look for bullish reversal setups (such as a double bottom pattern, trendline breakout, etc...) Always follow your trading plan in terms of entry, risk management, and trade management.
#ETH #Ethereum #strategy #PATTERN $ETH
Currently, it is approaching the lower border of the wedge.
Additionally, $3000 is a strong and distant support. Therefore, the 3000 - 2900 range is a strong area to look for buy setups, as it is the intersection of support and lower trend lines that act as non-horizontal support.
As #ETH approaches the support range, I will look for bullish reversal setups (such as a double bottom pattern, trendline breakout, etc...) Always follow your trading plan in terms of entry, risk management, and trade management.
#ETH #Ethereum #strategy #PATTERN $ETH
"Bullish Reversal" patterns made simple! 📉📈
1️⃣ Double Bottom: It looks like a 'W' and shows that sellers are losing strength.
2️⃣ Triple Bottom: Three dips in price? Buyers might be ready to take control.
3️⃣ Falling Wedge: Prices are getting squeezed? A strong upward move could be coming.
4️⃣ Inverted Head & Shoulders: A big dip in the middle with smaller ones on each side? Buyers might be preparing for action.
Watch your charts and learn these patterns—they tell the story of the market! 🟢
🔲 BitTradeX
#tips #bullishreversal #PATTERN
1️⃣ Double Bottom: It looks like a 'W' and shows that sellers are losing strength.
2️⃣ Triple Bottom: Three dips in price? Buyers might be ready to take control.
3️⃣ Falling Wedge: Prices are getting squeezed? A strong upward move could be coming.
4️⃣ Inverted Head & Shoulders: A big dip in the middle with smaller ones on each side? Buyers might be preparing for action.
Watch your charts and learn these patterns—they tell the story of the market! 🟢
🔲 BitTradeX
#tips #bullishreversal #PATTERN
Here’s a quick and simple take on the "Pullback After Breakout Entry":
1️⃣Breakout: Price breaks above resistance (a sign of an uptrend).
2️⃣ Pullback: Price drops slightly to test that old resistance (now support).
3️⃣ Entry Point: Jump in during the pullback, expecting the price to bounce back up.
4️⃣ Stop Loss: Set it just below the new support to limit any losses.
5️⃣ Target: Aim to take profit at a higher price level above your entry.
#tips #strategy #BinanceAlphaAlert
1️⃣Breakout: Price breaks above resistance (a sign of an uptrend).
2️⃣ Pullback: Price drops slightly to test that old resistance (now support).
3️⃣ Entry Point: Jump in during the pullback, expecting the price to bounce back up.
4️⃣ Stop Loss: Set it just below the new support to limit any losses.
5️⃣ Target: Aim to take profit at a higher price level above your entry.
#tips #strategy #BinanceAlphaAlert
Login to explore more contents